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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-13-2025) |
$5.88 |
|---|---|
| Change |
-$0.04
(-0.61%)
|
As at May 31, 2025
As at May 31, 2025
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Inception Return (October 30, 1997): 6.32%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.97% | -0.68% | 0.12% | 1.66% | 9.56% | 9.25% | 5.66% | 3.91% | 6.00% | 5.07% | 5.03% | 4.79% | 5.29% | 4.68% |
| Benchmark | 3.10% | 1.70% | 2.34% | 4.46% | 15.59% | 12.63% | 7.93% | 6.01% | 8.07% | 7.09% | 6.79% | 6.42% | 6.60% | 5.87% |
| Category Average | 2.79% | 0.15% | 1.18% | 2.80% | 10.61% | 10.30% | 6.51% | 4.52% | 6.62% | 5.65% | 5.20% | 4.81% | 5.10% | 4.47% |
| Category Rank | 226 / 444 | 384 / 439 | 408 / 439 | 398 / 439 | 390 / 439 | 394 / 421 | 364 / 408 | 354 / 389 | 331 / 369 | 316 / 359 | 291 / 353 | 248 / 341 | 225 / 325 | 200 / 290 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.00% | 3.60% | 0.57% | 2.15% | -0.50% | 3.32% | -1.51% | 2.76% | -0.39% | -1.97% | -1.61% | 2.97% |
| Benchmark | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% | 2.42% | 0.29% | -0.96% | -0.40% | 3.10% |
10.80% (September 1998)
-20.28% (August 1998)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -4.06% | 10.69% | 6.95% | -4.14% | 15.19% | 5.94% | 11.30% | -10.29% | 7.48% | 11.13% |
| Benchmark | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% |
| Category Average | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% |
| Quartile Ranking | 4 | 2 | 2 | 3 | 1 | 3 | 3 | 4 | 3 | 4 |
| Category Rank | 254/ 290 | 104/ 323 | 121/ 335 | 193/ 346 | 46/ 356 | 200/ 365 | 239/ 380 | 358/ 399 | 308/ 419 | 349/ 433 |
15.19% (2019)
-10.29% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 31.98 |
| Canadian Government Bonds | 19.41 |
| US Equity | 13.66 |
| Canadian Corporate Bonds | 12.94 |
| Cash and Equivalents | 7.57 |
| Other | 14.44 |
| Name | Percent |
|---|---|
| Fixed Income | 37.53 |
| Financial Services | 16.33 |
| Cash and Cash Equivalent | 7.57 |
| Technology | 7.53 |
| Energy | 7.36 |
| Other | 23.68 |
| Name | Percent |
|---|---|
| North America | 91.67 |
| Europe | 6.56 |
| Asia | 1.02 |
| Latin America | 0.86 |
| Other | -0.11 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 5.85 |
| Toronto-Dominion Bank | 2.24 |
| Royal Bank of Canada | 2.11 |
| Enbridge Inc | 1.97 |
| Bank of Montreal | 1.89 |
| Microsoft Corp | 1.69 |
| Canadian Pacific Kansas City Ltd | 1.44 |
| Canadian Imperial Bank of Commerce | 1.40 |
| Canadian National Railway Co | 1.35 |
| Manulife Financial Corp | 1.30 |
Renaissance Canadian Monthly Income Fund Class A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 9.55% | 8.68% | 8.17% |
|---|---|---|---|
| Beta | 0.97% | 0.98% | 0.96% |
| Alpha | -0.02% | -0.02% | -0.01% |
| Rsquared | 0.97% | 0.96% | 0.95% |
| Sharpe | 0.21% | 0.43% | 0.39% |
| Sortino | 0.47% | 0.57% | 0.33% |
| Treynor | 0.02% | 0.04% | 0.03% |
| Tax Efficiency | 55.10% | 59.34% | 49.09% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.17% | 9.55% | 8.68% | 8.17% |
| Beta | 0.99% | 0.97% | 0.98% | 0.96% |
| Alpha | -0.05% | -0.02% | -0.02% | -0.01% |
| Rsquared | 0.94% | 0.97% | 0.96% | 0.95% |
| Sharpe | 0.82% | 0.21% | 0.43% | 0.39% |
| Sortino | 1.81% | 0.47% | 0.57% | 0.33% |
| Treynor | 0.06% | 0.02% | 0.04% | 0.03% |
| Tax Efficiency | 73.61% | 55.10% | 59.34% | 49.09% |
| Start Date | October 30, 1997 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $39 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL668 | ||
| ATL859 | ||
| ATL910 |
The Fund's investment objective is to generate a high level of current cash flow by investing primarily in income producing securities including income trusts, preferred shares, common shares, and fixed income securities. We will not change the Fund’s fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders.
To achieve its investment objectives, the Fund: aims to add value through prudent security selection based on fundamental, bottom-up analysis and through the allocation of assets between cash, fixed income instruments, and equities, such as common and preferred shares, income trusts, and other equity securities. Asset allocation can vary over time depending on the Portfolio Advisor’s outlook for the economy and capital markets.
| Portfolio Manager |
CIBC Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
CIBC Asset Management Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Asset Management Inc. |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.81% |
|---|---|
| Management Fee | 1.45% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | 0.75% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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